State of the market: market is waiting for the meeting of the US Federal Reserve

Trades on Monday opened with the preservation of optimism for the US currency, which is caused by the waiting of a meeting of the US Federal Reserve headed by Powell. So, it will be the first Fed meeting headed by Powell. After very optimistic statements, no less than optimistic comments are expected  from upcoming meeting of the Fed . The market also expects that the rhetoric of the Fed will continue to tighten, as is the US monetary policy.

Stock exchanges in the Asia-Pacific region are traded above zero, despite weak data and the resumption of the political scandal in the United States. Unsustainable optimism in the background areas is mainly due to the correction and risks of the trade war in the US, which faded into the background before the meeting of the US Federal Reserve.

Hanzenko Anton